Massive Cryptocurrency Heist Spurs Call for More Regulation

ArticleCurrencyJanuary 29, 2018 - 3:58:49 AM

Coincheck says it was hacked, will reimburse customers, and regulators are grappling with booming crypto markets

At 2:57 a.m. on Friday morning in Tokyo, someone hacked into the digital wallet of Japanese cryptocurrency exchange Coincheck Inc. and pulled off one of the biggest heists in history.

Three days later, the theft of nearly $500 million in digital tokens is still reverberating through cryptocurrency markets and policy circles around the world.

Source:bloomberg.com

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